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1314 2nd Avenue

Tybee Island, GA 31328
  • $1,150,000
  • STATUS: Active
  • ON SITE: 107 Days
  • MLS #: 317037
UPDATED: 67 min ago
$1,150,000
  • 5
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,024
    SQFT
  • $380
    $/SQFT
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

Description

This exceptional investment opportunity on Tybee Island features a multi-unit property with impressive rental potential. The upper unit is a 3/2, recently rented for $3,500 per month, boasts heart pine floors, crown molding, and a luxurious master suite with private outdoor spaces. The lower unit is a 2/2 commanding a steady $2,200 per month, contributing to a robust pro forma annual income. Both units share access to a beautifully landscaped backyard with an outdoor shower and a deck, enhancing tenant appeal. Just blocks from the beach, this property promises a steady stream of rental demand, making it an ideal acquisition for investors seeking to capitalize on Tybee Island's vibrant rental market.

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© 2024 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Lovely Luxury Team | eXp Realty. Real estate listings held by brokerage firms other than Lovely Luxury Team | eXp Realty are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-12-01T12:08:01.077.

www.lovelyluxuryteam.com/homes/153688231
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1314 2nd Avenue Tybee Island, GA 31328

  • Price: $1,150,000
  • Status: Active
  • On Site: 107 Days
  • Updated: 67 min ago
  • MLS #: 317037
5
Beds
3
Baths
0
½ Baths
0.11
Acres
3,024
SQFT
$380
$/SQFT
1930
Built
County:
Chatham
Area:
Tybee Island
Property Description
This exceptional investment opportunity on Tybee Island features a multi-unit property with impressive rental potential. The upper unit is a 3/2, recently rented for $3,500 per month, boasts heart pine floors, crown molding, and a luxurious master suite with private outdoor spaces. The lower unit is a 2/2 commanding a steady $2,200 per month, contributing to a robust pro forma annual income. Both units share access to a beautifully landscaped backyard with an outdoor shower and a deck, enhancing tenant appeal. Just blocks from the beach, this property promises a steady stream of rental demand, making it an ideal acquisition for investors seeking to capitalize on Tybee Island's vibrant rental market.
Exterior Features

Architectural Style Traditional Construction Materials Concrete Garage YN No

Interior Features

Appliances Electric Water Heater Cooling Central Air Electric Cooling YN Yes Heating Central Electric Heating YN Yes Laundry Features Washer Hookup Dryer Hookup Upper Level

Property Features

Association YN No Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional1031 Exchange FHA Other VA Loan Number Of Pads 4 Property Attached YN No Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 11340 Tax Year 2023 Utilities Underground Utilities Water Source Public Waterfront YN No

Listing courtesy of Brandon Fargo of Keller Williams Coastal Area P: 912-356-5001. © 2024 Savannah Multi-List Corporation. All rights reserved.


© 2024 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Lovely Luxury Team | eXp Realty. Real estate listings held by brokerage firms other than Lovely Luxury Team | eXp Realty are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-12-01T12:08:01.077.

 
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Lovely Luxury Team | eXp Realty
1 Henderson Ct
Savannah GA, 31419